A recent WalletHub study found that Hawaii was the state with the lowest effective tax rate at 0.27 percent, but that isn’t helping when it comes to maintaining an affordable housing stock in the Aloha State. Most of the country ...
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Millennials Spend Nearly $100,000 on Rent by Age 30
Forty-five percent. That’s the percentage of an average millennial’s income that they’ll spend on rent between the ages of 22 and 30, according to a new study by RENTCafé. That definitely sounds like a lot—as does the $92,600 total amount ...
Read More »Rental Vacancies Down, But Houston Rate Still Running High
According to Morningstar Credit Ratings, the average vacancy across single-borrower, single-family rental securitizations was down in January 2018, dropping to 5.0 percent from December 2017’s rate of 5.2 percent. Morningstar’s latest Single-Family Rental Research report says the drop is likely ...
Read More »Fannie Mae Backs Up Blackstone
For the first time, a GSE is guaranteeing the debt of an institutional owner of single family homes.
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